KIFS Financial Services (BOM:535566) Cyclically Adjusted PB Ratio: (As of Sep. 03, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:535566 KIFS Financial Services Ltd BOM:535566
68 GF Score
Price ₹109.65
GF Value ₹148.68
Valuation Modestly Undervalued
! 7 Warning Signs
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What is KIFS Financial Services Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


KIFS Financial Services  (BOM:535566) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


KIFS Financial Services Cyclically Adjusted PB Ratio Related Terms


KIFS Financial Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for KIFS Financial Services's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

KIFS Financial Services Cyclically Adjusted PB Ratio Chart

KIFS Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.46 2.77 3.79 2.59 2.44

KIFS Financial Services Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.69 0.00 2.44 0.00

BOM:535566 vs MS, GS, SCHW: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, KIFS Financial Services's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


KIFS Financial Services Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, KIFS Financial Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KIFS Financial Services's Cyclically Adjusted PB Ratio falls into.


BOM:535566
68GF Score
KIFS Financial Services Ltd BOM:535566
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KIFS Financial Services Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

KIFS Financial Services's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, KIFS Financial Services's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/167.3573*167.3573
=0.000

Current CPI (Jun. 2026) = 167.3573.

KIFS Financial Services Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.822 105.961 37.625
201612 0.000 105.196 0.000
201703 23.455 105.196 37.315
201706 0.000 107.109 0.000
201709 27.437 109.021 42.118
201712 0.000 109.404 0.000
201803 26.229 109.786 39.983
201806 0.000 111.317 0.000
201809 26.523 115.142 38.551
201812 0.000 115.142 0.000
201903 27.756 118.202 39.299
201906 0.000 120.880 0.000
201909 29.131 123.175 39.580
201912 0.000 126.235 0.000
202003 30.192 124.705 40.518
202006 0.000 127.000 0.000
202009 30.880 130.118 39.718
202012 0.000 130.889 0.000
202103 32.443 131.771 41.205
202106 0.000 134.084 0.000
202109 34.559 135.847 42.575
202112 0.000 138.161 0.000
202203 36.855 138.822 44.431
202206 0.000 142.347 0.000
202209 38.370 144.661 44.390
202212 0.000 145.763 0.000
202303 41.418 146.865 47.197
202306 0.000 150.280 0.000
202309 44.319 151.492 48.960
202312 0.000 152.924 0.000
202403 46.646 153.035 51.012
202406 0.000 155.789 0.000
202409 49.162 157.882 52.112
202412 0.000 158.323 0.000
202503 52.701 157.552 55.981
202506 0.000 159.755 0.000
202509 54.720 162.289 56.429
202512 0.000 163.281 0.000
202603 58.583 164.272 59.683
202606 0.000 167.357 0.000

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Is KIFS Financial Services (BOM:535566) Overvalued in 2026?

Based on GuruFocus' analysis, KIFS Financial Services stock appears to be undervalued. The current stock price of ₹109.65 is trading 26.3% below its estimated GF Value™ of ₹148.68. GuruFocus considers KIFS Financial Services to be Modestly Undervalued.

Key valuation signals for BOM:535566:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ₹148.68 vs. price of ₹109.65 (26.3% below fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the BOM:535566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


KIFS Financial Services Business Description

Address Iskon-Ambli Road, 4th Floor, KIFS Corporate House, Bodakdev, Near. Land Mark Hotel, Near. Neptune House, Ahmedabad, GJ, IND, 380054
KIFS Financial Services Ltd is a non-banking financial company. The company offers capital market products like margin trading, loans against shares, and funding primary market issues for retail investors. The company is engaged in a single segment of finance. The company generates revenue from Interest Income.
68GF Score

Get the complete analysis for BOM:535566

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹109.65
Price
₹148.68
GF Value